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Strategies & Market Trends : Swingtrade

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To: Brandon who started this subject4/5/2001 5:18:25 PM
From: Brandon  Read Replies (1) of 336
 
Here is an example of a daytrading opportunity the market gave today.

When the market or a stock gaps up, there is a strong tendancy for it to fill (unless its a large breakaway gap like we had today). In those cases a lot of times you will see sideways basing action. After the market burns off some of its excess, it can move higher. Heres a chart chart of TWTC, a trade I took today and gave in the Real Time Room.

swingtrader.net

Brandon
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